Lead Real Estate Co., Ltd Anticipates Completion of New Condominium, EXCELSIOR NAKAMEGURO, in Tokyo
25 February 2025 - 12:30AM
Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or “the
Company”), a Japanese real estate developer of luxury
residential properties including single-family homes and
condominiums across Tokyo, Kanagawa prefecture and Sapporo, today
announced it expects to complete construction of its luxury
income-producing condominium, EXCELSIOR NAKAMEGURO, on February 28,
2025.
Located in Kamimeguro, Meguro, Tokyo, EXCELSIOR
NAKAMEGURO is a 10-unit property made from reinforced concrete and
has three floors above ground. It has a building area of 4,667
square feet and a land area of 2,805 square feet.
Location
Nakameguro, Where Nature Meets Luxury
Here, one finds cherry blossoms, coffee shops,
immaculately designed lunch spots, and vintage shops. Centered
around the Meguro River and nestled between the chic areas of
Daikanyama and Ebisu, Nakameguro is blessed both with a taste of
luxury and an abundance of nature. Some of the best places to enjoy
Hanami (cherry blossom viewing) in Tokyo are the Meguro River and
its surrounding neighborhoods, which come alive during that season
when people flock to see the cherry blossoms lining both sides of
the river.
Property Features
-
The property, informally named “Green Path,” is along the
lush sidewalk of Jakuzure River Green Way, where tenants can enjoy
nature in all four seasons.
-
The property has high accessibility to sports recreational
facilities, such as a golf course and tennis courts, which are
within walking range of the property.
Property Features – Green Path
-
The Jakuzure River Green Way or Green Path, commonly known in
Japanese as “Ryokudou,” is a 6 km long walkway spanning from
Setagaya and ending near Nakameguro Station.
-
The walkway spreads along one of the branch streams (Jakuzure
River) of the Meguro River and passes through the quiet
neighborhoods of both Setagaya and Meguro districts.
-
It is one of the most sought-after spots during the Hanami season,
where residents from surrounding areas flock to enjoy the beauty of
Tokyo’s cherry blossoms.
High Accessibility
-
The property features easy access (primarily walkable) to sports
facilities, hospitals, schools, and parks.
-
The sports facilities nearby include the Meguro Golf Training
Course, Como Golf Academy, and Meguro Tennis Court.
-
The hospitals nearby are Self Defense Force Central Hospital and
Mishuku Hospital.
-
The schools nearby are Higashiyama Elementary School, Higashiyama
High School, and Kodomo Edu International School (pre-school).
-
The parks nearby are Setagaya Park, Setagaya Children’s Park, and
Higashiyama Park.
Digital Renderings of EXCELSIOR NAKAMEGURO 10-Unit Property
EXCELSIOR NAKAMEGURO location within walking distance to nearby
amenities, including the Nakameguro Station
About Lead Real Estate Co., Ltd
Lead Real Estate Co., Ltd is a Japanese
developer of luxury residential properties, including single-family
homes and condominiums, across Tokyo, Kanagawa prefecture, and
Sapporo. In addition, the Company operates hotels in Tokyo and
leases apartment building units to individual customers in Japan
and Dallas, Texas.
The Company’s mission is to serve its customers
by offering stylish, safe, and luxurious living. The Company’s
vision is to adopt the Kaizen (continuous improvement) approach to
seek to improve its operations, and to leverage its nationally
recognized, award-winning luxury homes and strong market position
in the luxury residential property market in Tokyo, Kanagawa
prefecture, and Sapporo to create a global transaction platform
allowing access to prime Japanese condominiums as well as overseas
condominiums, including in the U.S. and Hong Kong.
For more information, please visit the Company’s
website at https://www.lead-real.co.jp/en/.
Forward-looking Statements
Statements in this press release about future
expectations, plans and prospects, as well as any other statements
regarding matters that are not historical facts, may constitute
"forward-looking statements" within the meaning of The Private
Securities Litigation Reform Act of 1995. The words "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend,"
"may," "plan," "potential," "predict," "project," "should,"
"target," "will," "would" and similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important
factors, including: the uncertainties related to market conditions
and other factors that may affect its future results in the
Company's registration statement and in its other filings with the
U.S. Securities and Exchange Commission. Any forward-looking
statements contained in this press release speak only as of the
date hereof, and the Company specifically disclaims any obligation
to update any forward-looking statement, whether as a result of new
information, future events or otherwise.
Contact Information:
For Media and Investor RelationsDaisuke
TakahashiChief Financial OfficerLead Real Estate Co.,
Ltdd-takahashi@lead-real.co.jp+81 3-5784-5127
Skyline Corporate Communications Group,
LLCScott Powell, President1177 Avenue of the America’s,
5th FloorNew York, NY 10036Office: (646) 893-5835Email:
info@skylineccg.com
- Digital Renderings of EXCELSIOR NAKAMEGURO 10-Unit
Property
- EXCELSIOR NAKAMEGURO location within walking distance to nearby
amenities, including the Nakameguro Station
Lead Real Estate (NASDAQ:LRE)
Historical Stock Chart
From Jan 2025 to Feb 2025
Lead Real Estate (NASDAQ:LRE)
Historical Stock Chart
From Feb 2024 to Feb 2025